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Data Center News > Blog > Investments > Velox Raises $38M in Funding Led by Fortissimo Capital
Investments

Velox Raises $38M in Funding Led by Fortissimo Capital

Last updated: April 8, 2024 12:33 am
Published April 8, 2024
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Co-founders (L-R) Marian Cofler (CEO) and Adrian Cofler (COO)

Velox, a Kfar Saba, Israel-based developer, producer and vendor of commercial direct-to-shape digital ornament options for the inflexible packaging containers market, raised $38M in fudung.

The spherical was led by Fortissimo Capital with participation from present traders, JAL Ventures, O.R.T. Applied sciences, Ilan Holdings, Evonik, Waypoint Buyers and Migdal Insurance coverage & Finance.

The corporate intends to make use of the funds to speed up its world presence and innovation in excessive pace, direct-to-container digital printing.

Led by Marian Cofler (CEO) and Adrian Cofler (COO), Velox develops, manufactures, sells and helps industrial-grade direct-to-shape digital ornament options for the inflexible container trade. Its proprietary know-how, based mostly on formulated inks and devoted deposition structure, introduces a wholly new method to digital printing to innovate the packaging ornament market. Velox’ business options embody industrial-grade digital decorators for mass manufacturing of beverage cans, tubes, and aerosol cans.

FinSMEs

06/04/2024

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See also  KKR & Singtel lead SGD $1.75 billion investment in STT GDC
TAGGED: 38M, Capital, Fortissimo, Funding, Led, Raises, Velox
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